3111 Deluna Drive, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 3 bed, 2 bath

3111 Deluna Drive, Rancho Palos Verdes, California 90275 home-pic-0
ACTIVE$1,799,000
3111 Deluna Drive, Rancho Palos Verdes, California 90275
3Beds
2Baths
1,964Sqft
21,255Lot
Year Built
1960
Close
-
List price
$1.8M
Original List price
$2M
Price/Sqft
$916
HOA
-
Days on market
-
Sold On
-
MLS number
SB25150818
Home ConditionTear down
Features
Excellent View: Catalina, Ocean, Panoramic
Patio
ViewCatalina, Ocean, Panoramic

About this home

Possibly Over-Priced:The estimated price is 18% below the list price. We found 3 Cons,7 Pros. Rank: price - $1.80M(40th), sqft - 1964(28th), beds - 3(29th), baths - 2(31th).

Perched on a rare, sun-kissed ridge of the Palos Verdes Peninsula, this 1,950-square-foot residence presents a truly unique opportunity to design your dream estate in one of Southern California’s most coveted locations. With nearly 100% privacy—an exceptional rarity in the region—this property offers a sanctuary of peace and seclusion, surrounded by breathtaking, unobstructed views. From the dynamic sweep of the LA Port to the dazzling Disneyland fireworks and the captivating south face of Catalina Island, every angle is a postcard moment. A true blank canvas, this amazing property invites visionary transformation. The land is unparalleled, the views are cinematic, and the potential is boundless. For the discerning buyer seeking tranquility, prestige, and legacy—this is your place to create something extraordinary. Walk to Mira Catalina Elementary School and 10 minute drive to 110 freeway.

Nearby schools

8/10
Mira Catalina Elementary School
Public,K-50.2mi
4/10
Seventh Street Elementary School
Public,K-51.1mi
5/10
Crestwood Street Elementary School
Public,K-61.2mi
8/10
Dapplegray Elementary School
Public,K-55.1mi
8/10
Miraleste Intermediate School
Public,6-80.7mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,6-81.8mi
4/10
Richard Henry Dana Middle School
Public,6-82.2mi
6/10
San Pedro Senior High School
Public,9-122.0mi
10/10
Palos Verdes Peninsula High School
Public,9-123.7mi
8/10
Palos Verdes High School
Public,9-125.8mi

Price History

Date
Event
Price
10/20/25
Price Change
$1,799,000-5.3%
09/18/25
Price Change
$1,899,000-2.6%
09/07/25
Price Change
$1,950,000-2.5%
07/06/25
$1,999,000
05/22/23
Sold
$1,820,000
Condition Rating
Tear down

Built in 1960, this property is explicitly marketed as a 'true blank canvas' requiring 'extensive renovation or rebuild' to 'design your dream estate.' The images confirm a highly dated interior, particularly the kitchen with its original-era cabinets, laminate countertops, and basic fixtures. While a newer dishwasher is present, the overall aesthetic is far from modern. The property's value is clearly emphasized on the land, views, and redevelopment potential, indicating the existing structure is considered functionally obsolete for its prime location and target market. It aligns with the 'tear-down' criteria where the structure is beyond practical repair for modern standards and its value is based on the land.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21255, living area = 1964.
Great Schools: High School: Palos Verdes Peninsula High School (10/10).
Unobstructed Panoramic Views: The property offers breathtaking, unobstructed panoramic views of the LA Port, Disneyland fireworks, and Catalina Island, providing a truly cinematic backdrop.
Exceptional Privacy & Seclusion: Boasting nearly 100% privacy, this property provides a rare and highly sought-after sanctuary of peace and seclusion on the Palos Verdes Peninsula.
Prime Location & Custom Build Potential: Perched on a rare, sun-kissed ridge, it presents an unparalleled opportunity to design and build a custom dream estate in a coveted Southern California location.
Access to Top-Rated Schools: Located within the highly-regarded Palos Verdes Peninsula Unified School District, with Mira Catalina Elementary School within walking distance and a 10-rated high school nearby.
Significant Price Reduction: The property has undergone multiple price reductions from its original listing, potentially offering increased value and a more attractive entry point for buyers.

Cons

Extensive Renovation or Rebuild Required: Described as a 'true blank canvas' and an opportunity to 'design your dream estate,' the existing 1960-built structure (1964 sqft) likely requires substantial renovation or a complete rebuild to realize its full potential.
Discrepancy with Market Estimation: The current listing price is significantly higher (20% above) the estimated property value, which may deter some buyers or indicate a challenging valuation in the current market.
Dated Existing Structure: Built in 1960, the current residence is likely outdated in design and amenities, necessitating considerable investment to modernize or replace to meet contemporary luxury standards expected for a 'dream estate' in this prestigious location.

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